Pennymac Mortgage Investment Trust's Series A Preferred Shares Cross 9% Yield Mark
May 29, 2020 at 14:23 PM EDT
In trading on Friday, shares of Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (PMT. RA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0313), with shares changing hands as low as $22.00 on the day.